VAALCO Appoints Brazelton to Board
VAALCO Energy, Inc.
Friday, June 27, 2008
VAALCO Energy, Inc. has appointed Frederick W. Brazelton to the Company's Board of Directors. With the addition of Brazelton, VAALCO's Board has been expanded to eight directors, six of whom are independent.
Brazelton joins VAALCO's Board with broad and deep experience in the financial sector, having served as a principal at several leading private equity firms. In his roles, Brazelton has been responsible for managing all aspects of the firms' investment activities including capital raising, investment sourcing, investment analysis and due diligence as well as for managing the operations of and financings for various portfolio companies.
"We are pleased to have Fred join the VAALCO Board as a new independent director," said Chairman and CEO Robert L. Gerry, III.
"Fred brings a strong track record of partnering with companies and management teams across multiple industries to help hone their strategies, build their business and accelerate growth. We look forward to capitalizing on his expertise as we continue executing our business plans and driving value for VAALCO shareholders,” he said.
"This is a time of opportunity for VAALCO as the Company readies to commence one of the largest exploration and drilling programs in its history," added Brazelton.
Brazelton is the Co-Founder and President of Platform Partners, LLC, a private holding company that makes equity investments in middle-market companies. Prior to founding Platform, Brazelton was a Partner of The CapStreet Group, LLC, an institutional private equity fund focused on investing in middle-market companies. Prior to joining CapStreet, Brazelton worked for the private equity firms of Hicks, Muse, Tate & Furst and Willis Stein & Partners after starting his career in investment banking at CS First Boston in its Natural Resources Group.
Brazelton serves on the boards of directors of Landmark FBO, LLC, TRE Financial Services, LLC, Avalon Advisors, LLC and the Small Steps Nurturing Center.